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Results (1069)
Hannah C Christie Transferring mortgage to LLC
19 September 2023 | 20 replies

Bought the house in 2020 and have lived in since. Up to date on payments. Have lived in house since 2020. Conventional fixed rate mortgage which was sold to Fannie Mae shortly after originating. Wanting to turn into r...

Keith W. Exit Strategy for Lease Option Buyer
10 April 2020 | 16 replies

This is a 30 thousand feet overview of the process. Correct me if I"m wrong, then a couple questions at the end.  Motivated Seller has a property in pre-foreclosureWe set up a Subject 2 agreement with the sellerWe pay...

Stephen Bruce BRRRR a quadplex. Is it possible???
11 March 2024 | 20 replies

For context, I am in the due diligence process of a quadplex in a C-class area. 2 bed/ 1 bath800 sq ftPP: $275kCap Rate: 7.5%This is my first attempt at BRRRRing a multifamily. Does anyone in the forum have past succe...

Noureen A S. When can I send a 10-day notice to quit in North Carolina?
29 November 2020 | 26 replies

New landlord here...After researching, I'm still struggling to understand the allowable late fee, 10-day notice, and eviction timeline for the state of North Carolina...By law (in NC), you are not allowed to collect a...

Sal DeJulio Can you put a mortgaged property in an LLC?
15 February 2015 | 11 replies

Can you put a mortgaged property in an LLC? A single family or 1-4 unit. I was told that you cannot do so unless the property is paid off. True or not true?

Ryan S. Why are LLC's so complicated can someone tell me what I need?
7 June 2013 | 14 replies

I just finished my first rehab house, and I am about to put it on the market in oak forest IL. I will be doing many more flips and want to know if I need an LLC or an C corp? Dont really know where to start on this ...

Denisha M. New member introduction from Boston MA
5 January 2015 | 15 replies

Hi everyone,

my name is Denisha and although I am new to investing, I have aligned myself with a great company who is mentoring me through the process. I have always been intrigued by real estate investing bu...

George Eliot Is a CL ad sufficient to prove intent to rent?
20 August 2012 | 13 replies

Hi everyone,

I own a house that I plan on renting after I make some major repairs. Is a CL ad sufficient proof of intent for the IRS, or should I run a print ad before starting repairs?

Thank you!

Roman Rytov Diversifying portfolio in recession preparation?
14 December 2018 | 6 replies

I've been building my portfolio for a couple of years aiming at two things:- good tenant profile (working history, credit score, security deposit)- area reliability (easiness to rent, density of working options)I also...

Mijin Kim Deal Analysis - West Philly
8 March 2019 | 9 replies

Hello, I pulled a trigger - somewhat impulsively -  last night at a meetup to make a purchase offer on a deal. I made a $2000 deposit on the spot. I think it's a classic, not too exciting but small and consistent buy-...